Connect with us

NEWS

BREAKING: While Jeff Bezos is riding the stock market boom to grow his fortune, his ex-wife MacKenzie Scott, on the other hand, sold $8 billion of Amazon shares to fund charities and non-profits across the country

Published

on

BREAKING: While Jeff Bezos is riding the stock market boom to grow his fortune, his ex-wife MacKenzie Scott, on the other hand, sold $8 billion of Amazon shares to fund charities and non-profits across the country

Author and philanthropist MacKenzie Scott saw a drop in her net worth from $38 billion to $30 billion as she sold Amazon stocks worth over $8 billion as per a filing on November 8.

 

BREAKING: While Jeff Bezos is riding the stock market boom to grow his fortune, his ex-wife MacKenzie Scott, on the other hand, sold $8 billion of Amazon shares to fund charities and non-profits across the country

 

The filing disclosed that Scott sold 11 percent of her Amazon shares on September 30 this year. Scott received a 4% stake in Amazon as a part of her divorce settlement with Amazon founder Jeff Bezos.

 

 

Scott is known for her generous philanthropic initiatives so much so that the 400 million Amazon shares that she received as a part of her divorce settlement with Bezos, she has given away two-thirds of that wealth to philanthropy.

 

 

Her benevolent nature has ranked her in the US’s top 5 most generous living donors. According to Forbes, she has donated approximately $17.3 billion to non-profit organisations and other humanitarian ventures.

Breaking: ‘Aaron Rodgers is the GM’ – New York Jets clean house and admit that one of NFL’s biggest trades has been a failure...see more
NEWS1 day ago

Breaking: ‘Aaron Rodgers is the GM’ – New York Jets clean house and admit that one of NFL’s biggest trades has been a failure…see more

Breaking: Serena Williams Proudly Shuts Down Claim of Professing Love to Husband Alexis Ohanian in Enchanting Throwback Tale...see more
NEWS1 day ago

Breaking: Serena Williams Proudly Shuts Down Claim of Professing Love to Husband Alexis Ohanian in Enchanting Throwback Tale…see more

Breaking News: Lamar Odom Admits He Bought a Custom Sex Doll That Looks Like Ex Khloé Kardashian: 'We're All a Little Off'...see more
NEWS1 day ago

Breaking News: Lamar Odom Admits He Bought a Custom Sex Doll That Looks Like Ex Khloé Kardashian: ‘We’re All a Little Off’…see more

NFL News: Andy Reid's big admission after Josh Allen, Bills snap Patrick Mahomes, Chiefs' winning streak...see more
NEWS2 days ago

NFL News: Andy Reid’s big admission after Josh Allen, Bills snap Patrick Mahomes, Chiefs’ winning streak…see more

Despite Staggering Performances, Coco Gauff Falls Short as Aryna Sabalenka’s $9.7 Million Earnings Edge Her Out in Style...see more
NEWS2 days ago

Despite Staggering Performances, Coco Gauff Falls Short as Aryna Sabalenka’s $9.7 Million Earnings Edge Her Out in Style…see more

Breaking News: Jennifer Lopez revealed,he use me so roughly when we were couple,Diddy is an extra Machine who love...see more
NEWS2 days ago

Breaking News: Jennifer Lopez revealed,he use me so roughly when we were couple,Diddy is an extra Machine who love…see more

Beyonce Confirms Halftime Show at Christmas Day NFL Clash Between Houston Texans and Baltimore Ravens...
NEWS3 days ago

Beyonce Confirms Halftime Show at Christmas Day NFL Clash Between Houston Texans and Baltimore Ravens…

Breaking News: At 17, Brad Pitt’s Daughter FINALLY Confirms What We Thought All Along: He FORCED Me To … see more
NEWS3 days ago

Breaking News: At 17, Brad Pitt’s Daughter FINALLY Confirms What We Thought All Along: He FORCED Me To … see more

NEWS3 days ago

OMF BREAKING NEWS!! Diddy pays Sting $5,000 a day for the rest of his life, for this reason; « He asked me to… »

SHOCKING REVELATION:Simone Biles said in an interview, “I was 3 years old when my daddy started introducing me to… see more
NEWS3 days ago

SHOCKING REVELATION:Simone Biles said in an interview, “I was 3 years old when my daddy started introducing me to… see more

Brittany Mahomes Sends 2-Word Message to Bills QB's Wife....see more
NEWS3 days ago

Brittany Mahomes Sends 2-Word Message to Bills QB’s Wife….see more

Tom cruise finally speak addressing public criticism on why he missed out on his daughter graduation for Swift concert,Suri is not my…. See more
NEWS3 days ago

Tom cruise finally speak addressing public criticism on why he missed out on his daughter graduation for Swift concert,Suri is not my…. See more

Copyright © 2024 Newsteous